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articles:a_matter_of_risk [2020/03/19 21:14]
rrandall [A Matter of "Risk"]
articles:a_matter_of_risk [2020/03/19 21:23] (current)
rrandall [ISO 31000:2018]
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 In effect, ISO 31000:2018 is stating that “opportunities __and__ threats” are two sides of the same “risk” coin; because the word "​and"​ means that the two exist simultaniously! In effect, ISO 31000:2018 is stating that “opportunities __and__ threats” are two sides of the same “risk” coin; because the word "​and"​ means that the two exist simultaniously!
  
-It's important to note that risks typically result from an "​opportunity"​. For example, when presented with an investment "​opportunity",​ taking action could result in either a profit, a loss, or no change in value. While taking no action would preserve the current assets (no change), avoid loss, and forgo any profits that the investment would have yielded. This happens every day in the stock market.+It's important to note that risks typically result from an "​opportunity"​. For example, when presented with an investment "​opportunity",​ taking action could result in either a profit, a loss, or no change in value. While taking no action would preserve the current assets (no change), avoid loss, and forgo any profits that the investment would have yielded.
  
 While none of the above ISO documents define "​opportunity",​ [[https://​www.dictionary.com/​browse/​opportunity|Dictionary.com]] does: While none of the above ISO documents define "​opportunity",​ [[https://​www.dictionary.com/​browse/​opportunity|Dictionary.com]] does: